Consumer

AutoNation-backed Vroom has now raised $721m in funding altogether after closing a $254m series H round led by Durable Capital Partners.

The number of acquisitions of companies that have received corporate backing had been decreasing over the past few years but by the end of October this year it registered a rebound.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds

The automotive e-commerce and services portal was reportedly valued at $700m in a series D round led by Ping An Global Voyager Fund's first Indian deal.

The Indian subsidiary of the consumer goods conglomerate has set up a $27.9m vehicle to invest in sustainable technology developers.

Vanderbilt University joined fellow LPs including Consumer Technology Association in an oversubscribed close for the diversity-focused Harlem Partners Venture Fund I.

Temasek could reportedly invest in CureFit at a valuation of $800m, three years after UC-RNT Fund supplied $25m to the wellness services provider.

Temasek could reportedly invest in CureFit at a valuation of $800m, less than six months after Unilever Ventures participated in a $120m round for the wellness services provider.

Cellular Agriculture was spun out of University of Bath in 2016 as the UK’s first startup in the cultured meat space, but its ambitions go far beyond a lab-grown burger.

The number of flotations of companies that have previously received corporate backing has been growing over the past years but by the end of 2019 they may register a slight slowdown.

SHV Holdings,' NPM Capital fund reinvested in online grocery retailer Picnic as part of a round that will fund construction of a huge new distribution centre.